jonwig

21/10/2022 09:10

Read Full ThreadReply

I see they've just issued their annual report:



Any potential interest is quashed by the ridiculous spread ... unless you can get well within it.

zcaprd7

16/10/2020 12:18

Read Full ThreadReply

Don't they do monthly reports

rjmahan

07/10/2020 20:22

Read Full ThreadReply

Still in it - one for the very patient...

zcaprd7

06/10/2020 11:48

Read Full ThreadReply

Still lurking...

maverick081267

06/10/2020 10:50

Read Full ThreadReply

Knock knock knock anyone home??

zcaprd7

14/9/2020 15:08

Read Full ThreadReply

Anyone still in this?

zcaprd7

06/5/2020 15:22

Read Full ThreadReply

Oof, how about now?

zcaprd7

24/4/2020 11:48

Read Full ThreadReply

This is back on my radar, any news today?

zcaprd7

29/1/2020 15:23

Read Full ThreadReply

Worth a punt now?

rjmahan

05/12/2019 21:36

Read Full ThreadReply

Another nice return of capital :-)

zcaprd7

22/11/2019 15:01

Read Full ThreadReply

Could be tempted now, bit of a nasty spread though?

zcaprd7

18/11/2019 16:30

Read Full ThreadReply

Looks like timing will be everything?

rjmahan

25/10/2019 09:59

Read Full ThreadReply

I can convert share classes any time until 2020 so I don't need to make a decision now. I invested in this as a liquidation fund but I can see the attraction of buying former hedge fund assets - as there are not many buyers a good price can be achieved. My concern is if now is the time I want to get into this - I broadly think it isnt.

I still hold ALF and will wait a little bit longer I suspect payouts will come and the discount vs NAV could be understated.

zcaprd7

24/10/2019 20:05

Read Full ThreadReply

Any thoughts on the prospectus?

rjmahan

11/4/2019 20:06

Read Full ThreadReply

Liquidation at anything close to book is out of their hands. They might be able to liquidate now for 25% or 10% of NAV, or, wait a bit and get 75 - 80 -100%.#A bit could well be years, or not.



Numbers laughably out of date but I think covers the idea...

zcaprd7

11/4/2019 13:08

Read Full ThreadReply

Right, so when they say:The realisation portfolio (the "Realisation Portfolio") which will be realised as rapidly as possible and the proceeds returned to Realisation Shareholders.They don't mean that rapidly then...

rjmahan

13/2/2019 11:55

Read Full ThreadReply

They can't offload the illiquid stuff promptly - it's too illiquid! That's the whole point of the fund - to realise it slowly and get a better price.

zcaprd7

12/2/2019 12:09

Read Full ThreadReply

Is it a cheaper way to set up a new fund or something... Will they actually offload the illiquid stuff promptly?

rjmahan

08/2/2019 22:40

Read Full ThreadReply

Launching alternate non-realizing fund that will buy / liquidate side pockets as a business - I will probably take some. ALF - going into liquidating fund....

zcaprd7

07/2/2019 09:25

Read Full ThreadReply

What's all this then?

rjmahan

04/7/2018 20:53

Read Full ThreadReply

$9K - pocket money to these guys... Though buying could be being limited by lack of liquidity.... I

zcaprd7

04/7/2018 14:00

Read Full ThreadReply

Director seems to think so?